Toast Presidency and The Board

[jathanas]

Thank you 76woodenspooners

One of BigFooty’s all-time-favourite posters, Reykjavik , was all across the board level stuff. He once posted a list of the responsibilities of a Not-For-Profit board like that of Collingwood …

abcdef.....ijklmnop

NFP board responsibilities
Specific responsibilities of a not-for-profit (NFP) board include:

• Driving the strategic direction of the organisation
• Working with the CEO to enable the organisation to obtain the resources, funds and personnel necessary to implement the organisation's strategic objectives
• Implementing, maintaining and (as necessary) refining a system of good governance that is appropriate for the organisation
• Reviewing reports and monitoring the performance of the organisation
• Regularly reviewing the board's structure and composition, so that these are appropriate for the organisation
• Appointing – and managing the performance of – a suitable CEO
• Succession planning for the CEO

While the above points are also applicable to for-profit boards, NFP boards also face a unique range of issues, such as:

• Difficulties in defining and measuring organisational effectiveness
• Transgression of role boundaries
• The negative impact of the structural compositions of some NFP boards, including those arising from representative models
• Funding dependencies and constraints

In practice, the role of the board is to supervise an organisation's business in two broad areas:

1. Overall business performance - ensuring the organisation develops and implements strategies and supporting policies to enable it to fulfill the objectives set out in the organisation's constitution. The board delegates the day to day management of the organisation but remains accountable to the shareholders for the organisation's performance. The board monitors and supports management in an on-going way.
2. Overall compliance performance - ensuring the organisation develops and implements systems to enable it to comply with its legal and policy obligations (complying with statutes such as the Corporations Act 2001, adhering to accounting standards) and ensure the organisation's assets are protected through appropriate risk management.

http://www.companydirectors.com.au/...ctor/NFP-governance/The-role-of-the-NFP-board

Link to original post …

Side by Side with Reykjavik - RIP (re-read Rey's message to us all #108, pg 5)

Reyk, I'm ridiculously happy to see you posting! :)

www.bigfooty.com

 

[BringouttheGimp]

Damian Barrett on SEN today saying we still need to shed 550-800k worth of salaries, the mess continues on that front.

Let’s not forget the shedding of players started with Aish in 2019, not just last years ‘firesale’.

Be interesting if the real culprits behind all this are made clear.
Is it those that have left or those that remain?

Like wtf.. bizzare.. 550-800k?

 

[JB1975]

Lol what part is so aggressive ?

I was replying to your double standards that I was confusing everyone with making stuff up after I had said it was my read and my guess, I’m sorry such aggressiveness hurt your feelings.

Buckley very easy could of batted it away like Wright did during the week, but he chose to get involved which has created far more speculation.

Like I said he would be better to concentrate on his job, that he is doing inadequately at the moment.

I've re-read your initial post. You did make it clear at the outset that you were guessing, and you were clear about what your speculation was based on.

So I was wrong to suggest in my reply that you were making stuff up.

You haven't hurt my feelings, but my poor comprehension is a cruel blow to my ego. But it was my first post of the day upon rising from less than sweet slumber, so I'll blame insomnia.

As I say, nothing at all wrong with speculation, but for what it's worth I think you're reading far too much into Buckley's support of the status quo. Even if you think it was politically imprudent for him to say anything, the notion that the current board are more likely to extend Buckley's contract than the challenger doesn't stand up to any real scrutiny.

To summarise:

(a) I was wrong to suggest that you were offering anything other than a guess;
(b) I am not a hypocrite, and my feelings are untouched by the accusation of hypocrisy;
(c) Your hypothesis about Buckley's status under the new or old regime is shaky at best.

 

[Matrix10]

Like wtf.. bizzare.. 550-800k?

Beyond bizzare... Bizzaro, the sh!t show continues, these muppets need to be held to account for their poor governance, and that so called governance was on many fronts. this is not over sadly.

 

[jmac70]

Damian Barrett on SEN today saying we still need to shed 550-800k worth of salaries, the mess continues on that front.

Let’s not forget the shedding of players started with Aish in 2019, not just last years ‘firesale’.

Be interesting if the real culprits behind all this are made clear.
Is it those that have left or those that remain?

Retirements and delisting should cover that surely?
Mayne, Greenwood, Cox, Howe (?)

 

[jackcass]

Dude this happened before the cap reduction.
Stop making excuses
No other challenger has ever done what we did—-all clubs in the same environment yet only Collingwood somehow mismanaged it.
Shambles

Geelong brought in Cameron, Smith and Higgins.
but you’re right....they didn’t have to deal with the same cap reductions like we did.

LOL. The 1-off reduction of contracts across the board in-season happened earlier. The 9% reduction in TPP was later applied to the 2021 season by the AFL instead of the 2% increase specified in the EBA.

Yep, Cats brought in those 3 players. Let’s just ignore they traded Cockatoo and Fogarty, had the retirements of GAJr, Taylor, and Stevens, and delisted others. You rarely bring in a big earner like Cameron without losing something out the other side. Higgins and Smith, while big names, wouldn’t be earning anywhere near top dollar.

 

[Chameleon75]

Retirements and delisting should cover that surely?
Mayne, Greenwood, Cox, Howe (?)

Cox alone comes close to covering it. It’s not insurmountable.

 

[Timmy from Thomastown]

Damian Barrett on SEN today saying we still need to shed 550-800k worth of salaries, the mess continues on that front.

Let’s not forget the shedding of players started with Aish in 2019, not just last years ‘firesale’.

Be interesting if the real culprits behind all this are made clear.
Is it those that have left or those that remain?

Doesnt sound like a stretch... delist/retire/reduce salaries for Greenwood Mayne Pendlebury Roughead Sidebottom Thomas Howe and then trade/delist one or two of Cox/Madgen/Sier .....pretty much what we'd do anyway

 

[AndrewShawble]

Retirements and delisting should cover that surely?
Mayne, Greenwood, Cox, Howe (?)

The way it was said was it needs to be found outside of projected movements, Wright finding some more skeletons.

But that was just one report and we know they like a bit of Mayo.

 

[Timmy from Thomastown]

The way it was said was it needs to be found outside of projected movements, Wright finding some more skeletons.

But that was just one report and we know they like a bit of Mayo.

I find it very hard to believe unless we are still paying Treloar Phillips Stephenson and Beams ....backloaded....

 

[anshell]

Damian Barrett on SEN today saying we still need to shed 550-800k worth of salaries, the mess continues on that front.

Let’s not forget the shedding of players started with Aish in 2019, not just last years ‘firesale’.

Be interesting if the real culprits behind all this are made clear.
Is it those that have left or those that remain?

Where does he get that figure from,I wonder?Considering we culled about a quarter of our list last year and other players the year before like Aish and Wells,who would have been on a good wage,I find that figure hard to believe,

 

[AndrewShawble]

I find it very hard to believe unless we are still paying Treloar Phillips Stephenson and Beams ....backloaded....

I don’t find it hard to believe at all unfortunately, Wright himself said;

“There’s still, I suppose, a hangover in relation to the salary cap. We’ve still got some issues we’re dealing with there, but they’re not insurmountable at all,” he said on SEN Breakfast.

Whilst the numbers from Barrett aren’t as extreme as last year, it’s just ridiculous that Aish + last years shedding hasn’t solved it.

 

[AndrewShawble]

Where does he get that figure from,I wonder?Considering we culled about a quarter of our list last year and other players the year before like Aish and Wells,who would have been on a good wage,I find that figure hard to believe,

There journos have a pretty good handle on what’s going on, club sources leak like a sieve.

 

[No SPIN]

The way it was said was it needs to be found outside of projected movements, Wright finding some more skeletons.

But that was just one report and we know they like a bit of Mayo.

Barrett has his own version of super special Mayo.

 

[Timmy from Thomastown]

I don’t find it hard to believe at all unfortunately, Wright himself said;

“There’s still, I suppose, a hangover in relation to the salary cap. We’ve still got some issues we’re dealing with there, but they’re not insurmountable at all,” he said on SEN Breakfast.

Whilst the numbers from Barrett aren’t as extreme as last year, it’s just ridiculous that Aish + last years shedding hasn’t solved it.

As I said its hard to believe that its a problem that will require anything more than the usual end of year player turnover... and thats exactly what Wright seems to be implying. He also might be firing a shot over the bow at players hoping to make ambit claims for large salary increases. Whether we have any money left to land a target is another question.... although we'd only really be in the market for a free agent anyway with nothing of note to give away in a trade.

 

[unplugged]

Damian Barrett on SEN today saying we still need to shed 550-800k worth of salaries, the mess continues on that front.

Let’s not forget the shedding of players started with Aish in 2019, not just last years ‘firesale’.

Be interesting if the real culprits behind all this are made clear.
Is it those that have left or those that remain?

I don't really understand how he could know this. Who has he asked, Rendell? I'm sure it wouldn't be anyone currently at the club.

A figure of 550-800 is a massive range and no one outside of the club would have a clue what the likes of Pendlebury will sign on for next year and beyond.

That said I'm not expecting to actually gain any players this off season. Not expecting to lose any though.

 

[The Royal Sampler]

Mods - please fix thread title - should be "launching" - currently seems like a cross between raunchy and lunch! - which might well be the case anyway

True, I did notice that. Although as Dark Horse would appreciate, I still always read it as “launching Takeover Target”.

 

[The Royal Sampler]

Damian Barrett on SEN today saying we still need to shed 550-800k worth of salaries, the mess continues on that front.

Let’s not forget the shedding of players started with Aish in 2019, not just last years ‘firesale’.

Be interesting if the real culprits behind all this are made clear.
Is it those that have left or those that remain?

Cox would be $500k of that.

 

[Markfs]

If you dont see a conflict of interest then I cant help you. It can be managed but it does reduce the effectiveness of the board if they have to sit out on football an salary discussions... which is what a football clubs main role is. I'd rather Browne had other candidates fighting in his corner.

I dont think you got my point.....if the board is having discussions about whether individual players are retained or how much they should be paid, then we are really stuffed. The directors know very little about the worth of an individual player. They know more about the lunch prices in toorak....

 

[mike123]

Of course, not enough = nothing. Must have missed that in math and accounting classes.

Keep up

 

[pietoon]

I've re-read your initial post. You did make it clear at the outset that you were guessing, and you were clear about what your speculation was based on.

So I was wrong to suggest in my reply that you were making stuff up.

You haven't hurt my feelings, but my poor comprehension is a cruel blow to my ego. But it was my first post of the day upon rising from less than sweet slumber, so I'll blame insomnia.

As I say, nothing at all wrong with speculation, but for what it's worth I think you're reading far too much into Buckley's support of the status quo. Even if you think it was politically imprudent for him to say anything, the notion that the current board are more likely to extend Buckley's contract than the challenger doesn't stand up to any real scrutiny.

To summarise:

(a) I was wrong to suggest that you were offering anything other than a guess;
(b) I am not a hypocrite, and my feelings are untouched by the accusation of hypocrisy;
(c) Your hypothesis about Buckley's status under the new or old regime is shaky at best.

No problems m8 all’s good ... at least we have something to be all happy about after our first quarter today.

 

[PIEWITHSAUCE]

No problems m8 all’s good ... at least we have something to be all happy about after our first quarter today.

Hang on to that feeling

 

[pietoon]

Hang on to that feeling

Trust me I’m trying, but madge is making it hard

I’ve edited to make it clear that madge is not making me hard.

 

[Carringbush2010]

Amazing how some people always focus on the negatives and never look at the good things people do.

If it wasn't for Ed our club would still be stuck at Victoria Park. When Ed took over the club was spiralling out of control financially and on the field. His biggest win was securing Malthouse who instilled stability in the football department, while Ed worked on getting the financials in order. Look where the club is now! FInancially, arguably the strongest in the league. The club is asset rich and cash-rich. We played in 5 GF's while under Ed's watch, only winning 1 yes, but that isn't his fault.

This is news? Pretty sure I've heard and read this before, pretty sure others have to.

 

[76woodenspooners]

Damian Barrett on SEN today saying we still need to shed 550-800k worth of salaries, the mess continues on that front.

The fact that he’s said “540-800K” means that somebody is guessing.

Besides, we’ll lose Greenwood, and probably Mayne and Cox ... would have thought that would clear it up

 

[Mooresome]

Meh ,we won today ,attacking football, Buckley stays ,everything is roses again.
Nothing to see here at Collingwood